close

下面为大家整理一篇优秀的assignment代写范文- The importance of financial management in enterprise management,供大家参考学习,这篇论文讨论了财务管理在企业管理中的重要性。财务管理是企业管理的基础,是企业内部管理的中枢,同时财务管理也是联系企业内部各部门、企业外部各个关联主体的桥梁。其以实现企业利润最大化、股东财富最大化、每股收益最大化为最终目标。

financial management,财务管理,assignment代写,paper代写,留学生作业代写

Financial management is an enterprise or unit based on the reality of the enterprise, Unit, in consideration of market economy environment and legal environment conditions, the time value, the financing cost and the investment risk of the capital in the comprehensive economic market are aimed at formulating short-term or long-term development strategies and budgets for the financial activities and financial relationships of the enterprises and units, and in real-time control, supervision, assessment and Incentive series of economic management activities. Financial management is the foundation of Enterprise management, is the backbone of the internal administration of enterprises, and the financial management is also the bridge connecting the internal departments and enterprises. The ultimate goal is to maximize the profit of the enterprise, maximize the shareholder's wealth and maximize the earnings per share. Thus, financial management plays an important role in the development and growth of an enterprise.

With the development of industrial revolution in the late 19th century and early 20th century, it promoted the enlargement of enterprise scale accounting, the major improvement of production technology, the rapid development of AG and the maturity of enterprise financial management. Financial management is a systematic and complete economic management work which is to plan, control, supervise and evaluate the activities of the economy. The development of financial management makes it increasingly important in enterprise management. Enterprises should not only pay attention to production efficiency, but also to grasp the management efficiency, financial management is another important productivity in enterprises, and economic benefits are inextricably linked.

http://www.51due.com/writing/more/sample67960.html​

The management of current assets such as inventory in daily business activities is one of the main embodiment of the central role of financial management in enterprise management. As one of the giants of China's household electrical appliance industry, Midea electric appliances in the production and operation of the concept of inventory management in the production and sales costs of the lead has created him in the market strong competitiveness. In this regard, the United States adopts the "Supplier management inventory" approach. According to the feedback of market consumers to good supplier communication, the supplier plans and deploys the raw materials to the United States, changed the previous beauty of the planned procurement accumulation produced a huge inventory cost situation. According to the analysis of the market, the United States and suppliers of the exchange has ensured the adequate and timely supply of raw materials. From the United States 2006 years-2009 years of inventory management, the United States of America's electrical raw materials accounted for 20% of inventory, raw materials turnover rate of about 30 times times. At the same time, the United States and its distributors of communication also use a similar approach, efficient use of the Internet Information exchange timeliness, the implementation of "information in lieu of inventory" business philosophy. According to the market consumer information production, allocation and sales, the United States not only inventory in the stock of the cost of the product to minimize, but also greatly improve the inventory turnover, forming the United States of the cost of electrical appliances and enhance the vitality of enterprises. The "cost-leading"-oriented internal resource integration model has greatly improved the efficiency of industrial link resource integration, created profit space, cooperated with market strategy, and formed the overall cost advantage of the United States from production to marketing. In inventory management, the financial management of Midea electrical appliances is a very successful case. The United States to make full use of financial management in the enterprise internal production management role in the central management, the overall control of all aspects of the formation of enterprise competitive advantage. Beauty of the management method, adopted by the vendor Managed inventory upstream enterprise based on the downstream customer's production and operation, inventory situation understanding, so as to control and manage downstream customer inventory methods. This kind of management method makes the supplier, the distributor and the consumer all benefit greatly, the each Party pays attention to enhances the quality service, is the true sense supply chain partnership.

In addition, the financial management of enterprises involved in all stages of enterprise management, not only in the production and operation of the enterprise planning budget, inventory allocation, but also on the financing of enterprises, use and distribution. Control and manage the working capital, short-term assets, short-term financial assets and accounts receivable in the daily business activities. The liquidity of enterprise capital determines the vigor of enterprise in the daily operation, capital is the blood of enterprise operation, so the management of cash and liquid assets in enterprise is especially important. In this regard, the Suningyun of cash management in the use of other People ' s-money strategy to reduce cash turnover period, shorten the operating process from the cash to cash to recover the time required to improve the use of enterprise funds efficiency. The change of cash turnover period has a direct impact on the amount of operating capital required by the enterprise.

Table, in 2007-2009 Suning's monetary funds accounted for more than 50% of mobile capital, the relative receivables will be less, which shows that suning in the sale of money recovery has a better way. Suning adopts the OPM model to reduce cash turnover by speeding up the turnover rate of accounts receivable and inventory, while prolonging the turnover days of payables. The significance of this is that suning can use its suppliers to a greater extent the funds retained in the enterprise, for Suning to create greater profits, while accelerating the turnover rate of accounts receivable will also be capital consumption and the cost of capital transferred to its suppliers. Suning's successful use of OPM model not only increases the cash flow in the daily operation of enterprises, but also helps to improve the financial flexibility of enterprises. Suning has a sufficient amount of idle funds and the remaining debt capacity to deal with enterprises in the management of the sudden crisis and timely grasp the investment opportunities, so that suning in a safe environment for development.

The efficient financial management enhances the enterprise's production and management vigor, can through the Unicom Enterprise internal each department synergy function, carries on the production process the cost optimized control, as far as possible uses the minimum expense to obtain more reports; reasonable dispatching funds, efficient accounts receivable and short-term liabilities, improve the efficiency of funds use, prevent the waste of funds, accelerate inventory circulation, reduce inventory backlog, reduce inventory costs, give full play to financial management activities leading role, using the central control of financial management role, Comprehensively control the operation of activities, more effective economic efficiency.

Enterprise is the cell of national economy, which has irreplaceable position in market economy. This is because the business development of enterprises can not be completed by a single subject, it must be linked with the market. From the enterprise's financing, investment, production and management and profit distribution of various types of financial activities with the Government and the market has maintained close contact. In the course of operation, the enterprise should bear the corresponding social responsibility: obey the relevant laws, pay taxes according to law, increase the employment and so on. The relationship between enterprises is good, financial management plays an irreplaceable role in the bridge.

In the process of enterprise operation, with the growth of their own strength or market changes, enterprises in order to adjust the structure of assets, or to achieve the expansion of enterprises need to be achieved through the mobilization of funds. This process needs to be done with external investors, banks or other financial institutions to work together. For example, we are now known as the American "Apple", which is the main founder of jobs in his garage set up and engaged in a new type of computer assembly company. Apple, however, faced an insurmountable capital challenge at its initial stage of development: Apple was unable to procure enough assembly material to complete the customer's order due to insufficient operating capital. At a critical juncture, Mr. Jobs found a new partner, ―― Markkula, who joined Apple at $91,000, the company's 30% stake. After that, Markkula used its fundraising skills to raise $ more than 7 million for investors through private equity to 16, while the increase in bank lending provided strong funding for Apple's expansion. Apple's development is on the fast track as Apple's new computer continues to develop and demand is in short supply. Apple announced a successful IPO in 1982, offering 4.5 million shares, raising $1.778 billion. In this process, Apple's comprehensive use of debt financing and equity financing methods to raise capital, using the principles of financial management to rationalize the asset structure, to deal with its creditors and shareholders of the interests of relations. The counterpart to financing is investment, and the enterprise is not only the performer of market economy activities, but also the participants. In the process of business development, enterprises should also engage in some investment activities. Investment is the prerequisite for enterprises to achieve their business objectives, but also a necessary means of development, but also to a large extent reduce the risk of business operations. Therefore, financial management in the enterprise to make investment decision-making time appears to hang important. As opposed to funding, investment is an activity in which external funds are invested in anticipation of return, and the choice of investment objectives and the evaluation of the project are the main tasks of financial management in this financial activity. Through estimating the estimated net cash flow, profit index, IRR and reporting payback period of investment project, the investment decision is determined by considering the situation of external market, policy and investment target. The cost and risk control during the investment period can keep the investment project within the expected range and obtain the expected revenue.

In enterprises, whether investment activities, production operations or foreign investment, the ultimate goal is to obtain income. When the result of management is formed, it is one of the forms of the function of financial management to coordinate the profit distribution between the main subjects of the enterprises. In this regard, the importance of financial management to the formulation of profit distribution policy can be reflected in the profit distribution of Beijing Ufida software company. April 2002 Ufida Shareholders General Assembly approved the 2001 net profit distribution plan resolution. The resolution stipulates that the net profit of 2001 after the withdrawal of the statutory Provident Fund and the arbitrary Provident Fund can be allocated a profit of 60126947 yuan, a one-off distribution of net profits: 10 shares per share of cash 6 yuan, accounting for the distribution of profits of 99.79%. This has been welcomed by large shareholders, but caused by the dissatisfaction of small shareholders, but also caused extensive discussion in all walks of life, is directly affecting the stock price Ufida software. The following year, Ufida software on the dividend policy adjusted: every 10 shares to increase 2 shares sent cash dividends 6 yuan. This fully takes into account the actual situation of all the shareholders, to ensure the interests of the shareholders of the tradable shares, but still continue their high cash dividend behavior. The financial data from Ufida show that the average cash dividend ratio of 12 companies after the listing is as high as 60.7%, the stock market increases by 8.6 times times, and the value of stock is more than 50%. The formulation of Ufida profit distribution policy has a direct impact on the enterprise's further investment decision-making, reasonable distribution policy for ufida retention and attract more investors, for its further development to provide assurance. Ufida Company adopts the way of distributing cash dividend and stock dividend, which not only guarantees the demand of short-term cash income of some investors, but also satisfies the demands of other shareholders on the forward income. In the actual operation of the enterprise, there are two methods of controlling stock price and stock repurchase, which are "stock division" and "share buyback". The stock division does not make the total value and shareholder wealth change, but reduces the stock unit price and increases the common stock number, makes it more active in the market, communicates to the market that the enterprise future performance will maintain the growth trend the information, disguised for the company value the increase and the development to provide the impetus. For stock repurchase, the enterprise will be the circulation of some of the general stock recovery as inventory stock or write-off behavior. This will make the stock price rise, change the value of the enterprise stock in the market underestimated situation, it can also be seen as a special way of dividend distribution, increase shareholder rights.

Financial management in the communication with the outside, played a link between enterprises and the role of the financial relationship between the relevant subjects, so that enterprises in the market economy environment can be reflected in the market with the economic information on the development strategy of real-time adjustment, unicom internal and external information exchange.

In modern enterprises, the importance of financial management in the operation of enterprises is becoming more and more prominent. The development of market economy requires enterprises to pay attention to production management and financial management, which is the progress of society. Financial management is highly sensitive to the problems in the operation of enterprises, and can be reflected by various indicators, and scientific and rational decision-making can effectively solve the crisis. In the process of making all kinds of economic decisions, enterprises need the theory of financial management to provide scientific guidance. Financial management is the backbone of enterprise internal management, is the bridge between enterprises and external exchanges, for the company's business development planning reasonable road, and in the process of real-time control, random response to the market environment on the impact of business management to make timely and accurate adjustments to ensure the healthy growth of enterprises.

51due留学教育原创版权郑重声明:原创assignment代写范文源自编辑创作,未经官方许可,网站谢绝转载。对于侵权行为,未经同意的情况下,51Due有权追究法律责任。主要业务有assignment代写、essay代写、paper代写服务。

51due为留学生提供最好的assignment代写服务,亲们可以进入主页了解和获取更多assignment代写范文 提供留学生作业代写服务,详情可以咨询我们的客服QQ:800020041。-ZR

arrow
arrow
    創作者介紹
    創作者 r51due 的頭像
    r51due

    r51due

    r51due 發表在 痞客邦 留言(0) 人氣()